Member Info for Pk73

Machiismo - take a look at a lassonde curve and note the timeline at the bottom, and this should give you an idea / put your mind at ease that the timescales are relatively normal (anything in mining seems to be pretty glacial… but when it moves, it moves!).

Eua at the same stage went from about 0.5p to briefly 40p in a year from memory, before putin got involved… that’s an 80 fold increase, which would go quite nicely here, but here we have very limited shares at the mo, which makes it a bit of a unicorn…

Gamble? Yes of course… this is AIM… but one I think worth being patient with.. I’ve been here 4 years and counting I think.

No corrections from me, Ejt… they are along the lines on my conservative calcs, and falls in line with other other miners valuations at the next stage.

It’s worth googling “lassonde curve for mine valuation”.. I think we are in the feasibility stage with the added complication of the Indian govt.

This curve isn’t speculation… it’s what happens… you just need to find the companies at the right stage, and I think we have here…

Pk

"Over $5 million" in todays RNS and "up to $10 million" can be a true statement for any amount between 5 and 10 million bucks!

I'd say somebody who knows more than us is pretty confident in hitting these targets... Good for MB... I hope well deserved!

I'd love to have my hands on 3m of the buggers...

PK

EJT, when Mark said that the SP was somewhere in the 20's! Just add one zero to that and full-time work wouldn't form a big part of my future plans

PK

DD-day tomorrow… MB doesn’t think is a need to extend the deadline again doe the due diligence..

Everything crossed for a positive RNS before the weekend….

PK

Prof, can you slip an Air-tag into his luggage next time you bump into him?

PK

Well it is DD-day-eve.

I suspect somebody with cash thinks its a good gamble at this point if that is the case...

So do I.

PK

£800-odd grand.... oops...

That might be one of the zeros MB wants to add to the SP....

Some numpty sold £2k worth at 6.77 and the company lost £80-odd grand of value.

Whatevs...

Roll on the bigger news in the next few days. If it can wait until friday when I get paid then at this level, I'd be appreciative....

PK

Hahaha. Oh AIM, how corrupt are you?

A positive result, the BOD got what they need, We are about to get further news on the DD to secure £10.5m in legal funding to unlock a massive resource, and we have lost 7% of our value.

Hahahahahaha. Always the opposite to logic on here!

PK

20 mins to the meeting. Imagine it will be all over by 11.15!

I don’t expect any change to the sp based on the resolution passing… only if they announce something else there…

The next news for sp I think will be an RNS saying due diligence is passed, some time on Friday or Monday. Sp will either react very well or very badly!

Good luck all! Pk

Mickey, that interview was 1st Dec 2020, when the share price was at 34p.

MB said he would add much more than one zero to the end of the share price.

Tony said one or two zeros, but I think that is probably a bit on the rampy side! haha.... I'd take just one zero on the end of 34p...!

PK

I don’t think it matters if the Indians kick our can down the road. MB has told us JV discussions with a local partner are in an advanced stage. That gets round the Indian judicial treacle we are currently in.

Or the courts will see this and make a deal.

Either way, a resolution is appears to be close given the recent interviews and rns’s. That is what I and I suspect most others here are betting on.

Pk

Not surprised they are, Deckchair! News on many fronts due very soon.... I just don't see how Bhukia can't be a winner. Either we get the permissions to attack it or go in with a JV on 20bn worth of gold. Even if its worth only 10% while its in the ground, and a 50-50 JV that still values us a 1bn. Take half off that for whatever reason you can think of and we must be worth 500m, or 50 times where we are today... Pretty sure that Mark said he was going to add a couple of zeros to our price, so that all ties in loosely with that ballpark.. That's all without our African work.

(The 48,000 buy is mine and earlier in the week I didn't think I would get it at that price... happy for all hell to break loose now....)

Good luck all. PK

Stampee, I think it’s 26.2% on the circular. The 400k is the nominal amount. At todays rate it around 2.5 million they want to have access to raise…. To ask for it before the agm means something is afoot, for sure… and I don’t suspect it’s day to day ops costs.

At least that’s how I’ve read it….

Pk

I've been in for about 4-5 years and only about 6k worth... I want to double my holding by friday.... fingers crossed at this price I can do that but not if it keeps going up!

Alan, can we wait until friday when I get a divi from HUR that's going straight in here??? Please send the price down until next week if you can..... Ta. PK

to my reckoning mb has close to 1m shares.

if oddly is right, the wind is behind, and fair value for bhukia is 200x current, and or sp heads to around 14quid, then my executive technical analysis of the situation is that there are 14m reasons why marks intentions are aligned with share holders..

just back of a *** packet fun, of course. even if he only adds one zero to the end i will be happy.

gla.pk.

I agrée there is plenty of upside, mickey.

One oz of mined gold is just shy of 1600 quid atm… 12m oz is just shy of 20bn. I think I remember reading once the going rate of metals in the ground value, assuming it’s easy-ish to get out, is 5-10%.

Not suggesting for a second this is the value we would get, just that it makes a mockery of a 6m quid valuation last week…

Wish mb could have waited a couple of weeks until my hur divi had hit as Pat is exactly where that cash is going…

Good luck all holders. Everything crossed.

Pk

I’ll take the 17p for now! But I never time a rise that well so suspect an error!

Pk